Investment strategies, ETFs, and sustainability — Interview with Kenneth Kumor
Technology executive talks about the future of asset management in light of the recent approval of Bitcoin and Ethereum ETFs.
Technology executive talks about the future of asset management in light of the recent approval of Bitcoin and Ethereum ETFs.
Senior Bloomberg ETF analyst Eric Balchunas pointed to VanEck’s 8-A filing for its Bitcoin ETF as a clue for the potential launch window of an Ether ETF.
Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts.
Uzbekistan authorities have not banned the Hamster Kombat game but warned against possible risks of withdrawing its tokens in the future.
Trump’s potential reelection could mean more crypto-friendly regulation that could boost mainstream adoption.
While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong.
Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official.
According to BlockBeats, on June 25, Federal Reserve's Daly expressed the need for careful consideration to avoid prematurely relaxing interest rates or maintaining a status quo for too long. Daly's statement highlights the delicate balance central banks must maintain to ensure economic stability. The timing of interest rate changes is crucial in managing inflation and economic growth. A premature relaxation could lead to inflationary pressures, while a prolonged status quo could stifle economic growth. Therefore, Daly's cautionary stance underscores the importance of strategic decision-making in monetary policy.
Nvidia's (NVDA) stock slump — down by 9% over the last five trading days — dragging down tech-heavy indexes (^DJI, ^IXIC, ^GSPC) along with it. Yahoo Finance's The Morning Brief welcomes Commonwealth Financial Network CIO Brad McMillan to talk about recent trends in the tech sector and major chip players. "When you look at the underlying trends, there are some companies coming up underneath Nvidia in the in the artificial intelligence [AI] market. But at the same time Nvidia is still amazingly dominant," McMillan explains. "So, you know a little bit of a pullback, that doesn't worry me necessarily in the short term as long as the trends remain positive and they are. And those other companies give you other opportunities going forward." McMillan also weighs in on opportunities in small-cap stocks (^RUT) and the Federal Reserve's interest rate approach to inflation. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
It's the final trading week of June and stocks (^DJI, ^IXIC, ^GSPC) open the Monday session mixed with the Dow Jones Industrial Average leading the charge with slight gains from the get-go. Morning Brief's Madison Mills and Brad Smith monitor the movements of the major market averages, the Technology Select Sector SPDR Fund (XLK), and Russell 2000 (^RUT), while Jared Blikre provides analysis of the broader market trends seen in the tech sector. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.